Category: Economy

For a period recently, Americans became extremely mobile as they migrated from state to state and city to city. Interest rates were part of the reason. Another trigger was the … Read More

Danish brewer Carlsberg A/S (CABGY.PK) reported Wednesday that its first-half net loss attributable to shareholders was 5.28 billion Danish kroner, compared to last year’s profit of 3.03 billion kroner. Loss … Read More

German consumer goods maker Henkel AG & Co. reported Monday weak profit in its first half amid increasing costs, despite growth in sales. Further, the company maintained its adjusted earnings … Read More

This summer’s twin paradoxes of massive flooding and receding rivers and reservoirs opened a dangerous new channel this week with news that some $80 billion in economic trade along Germany’s … Read More

Shares of Walt Disney Co. (DIS) gained over 5% in extended trading on Wednesday after the entertainment and media conglomerate reported its third-quarter results, with earnings beating Wall Street estimates, … Read More

The current economic settings are weird. That creates novel challenges for the central bankers on the front lines of the efforts to tame rampant inflation rates around the globe. Last … Read More

By the time it reaches your bowl, your Quaker Oats may have completed an international round-trip. The grain might be grown in Australia, but much of it is processed in … Read More

Australia’s central bank hiked its key interest rates by another 50 basis points but made the policy outlook more conditional despite high inflation, as economic growth is projected to slow … Read More

The following are some of the healthcare companies that reported their financial results for the quarter ended June 30, 2022, yesterday. 1. Axonics Boosts FY22 Revenue Outlook Again Axonics Inc. … Read More

In a widely anticipated move, the Federal Reserve on Wednesday announced its decision to raise interest rates by 75 basis points. The Fed said it decided to raise the target … Read More